Ground Lease Site definition

Ground Lease Site means each Site that is the subject of a Ground Lease.
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Ground Lease Site has the meaning assigned thereto in the Loan Agreement.
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Ground Lease Site means each Tower Site (other than an Owned Fee Site), which is situated on land that one of the Asset Entities leases (or subleases) pursuant to a Ground Lease including leases or subleases in connection with a Managed Site.
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Examples of Ground Lease Site in a sentence

  • This Facility Sublease is subject to the terms of the Ground Lease, Site Lease and Facility Lease and in the event of a conflict between this Facility Sublease and any of the Ground Lease, Site Lease or the Facility Lease, the provisions of the Ground Lease, Site Lease or the Facility Lease, as the case may be, shall control.

  • The Collateral consists of first priority mortgages on the Sites identified below: Hotel Address City State Zip Code Loan # Asset # Ground Lease Site Days Inn Sioux Falls Airport 0000 X Xxxxx Xxx Xxxxx Xxxxx XX 00000-0000 435126 053920 Yes Days Inn Sioux Falls Empire 0000 X Xxxxxxx Xxxx.

  • Nothing herein shall prohibit any Owner, RIDA, the City, or the JEPA (together with its permitted successors and assigns, each, a “Demolishing Party”) from demolishing, or causing, requiring, or permitting the demolition of, all or any portion of any Improvement located on either Parcel as permitted under the Hotel Ground Lease, Site Lease, Facility Lease, Project Implementation Agreement, and Sublease, as applicable.

  • Rather than complementing the apartment block on the west side of Lyonsdown Road as contended by the TVIN, the proposal would be seen as an overdominant block within the context of dwellings on Richmond Road and those immediately to the north along 1 Appeal Ref: APP/N5090/W/17/3186909 Lyonsdown Road.

  • The Company issued 304,799 Subordinate Voting Shares for a cash consideration of $1,178 during the three months ended March 31, 2021 following the exercise of stock options.

  • A conversion factor of 18.9%, the highest found in the hydrolysis study, was applied to estimate residues of buprofezin-derivedaniline which may form in food as a result of cooking.

  • Loan Amount Cap: Notwithstanding anything herein to the contrary, the sum of the Loan Amount and the Equipment Loan Amount for any Fee Site shall not exceed $1,000,000.00 (including financed soft costs and closing costs); and the sum of the Loan Amount and the Equipment Loan Amount for the Ground Lease Site shall not exceed $1,000,000 minus the base annual rental under the ground lease during the first year of the term of the Mortgage Loan times 10 (including financed soft costs and closing costs).

  • Loan Amount: In the case of the Mortgage Loan involving the Ground Lease Site the sum of (i) the actual and reasonable cost to construct the Improvements, as determined by FFCA's in-house site inspection and review department, (ii) the Property Commitment Fee, and (iii) such soft costs and closing costs as FFCA may approve in its sole discretion.

  • The Collateral consists of first priority mortgages on the Sites identified below: Hotel Address City State Zip Code Loan # Asset # Ground Lease Site Days Inn Sioux Falls Airport 0000 X Xxxxx Xxx Xxxxx Xxxxx XX 00000-0000 all 053920 Yes Days Inn Sioux Falls Empire 0000 X Xxxxxxx Xxxx.

  • The Ground Lease, Site Lease, Facility Lease and Additional Financing Documents are collectively referred to as the “Financing Leases”.


More Definitions of Ground Lease Site

Ground Lease Site means a Tower Site, which is situated on land that one of the Asset Entities leases (or subleases) pursuant to a Ground Lease including leases or subleases in connection with a Managed Site, as well as any future Ground Leases with respect to Replacement Tower Sites.
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Ground Lease Site means a Tower Site which is situated on land that one of the Asset Entities leases (or subleases) pursuant to a Ground Lease including leases or subleases in connection with a Managed Site, as well as any future Ground Leases with respect to Replacement Tower Sites.
Sample 1

Related to Ground Lease Site

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • Ground Leases Those certain leases with respect to real property that is a portion of the Leased Property, pursuant to which Landlord is a tenant and which leases have either been approved by Tenant or are in existence as of the date hereof and listed on Schedule A hereto.

  • Space Lease The space or occupancy lease pursuant to which any Borrower holds a leasehold interest in the related Mortgaged Property, together with any estoppels or other agreements executed and delivered by the lessor in favor of the lender under the related Mortgage Loan(s).

  • Real Property Lease means any lease, sublease, license or other Contract with respect to Real Property.

  • Tenant Lease means any lease entered into by the Borrower, any Loan Party or any Subsidiary with respect to any portion of a Property.

  • Space Leases means any Lease or sublease thereunder (including, without limitation, any Major Space Lease) or any other agreement providing for the use and occupancy of a portion of the Property as the same may be amended, renewed or supplemented.

  • Co-op Lease With respect to a Co-op Loan, the lease with respect to a dwelling unit occupied by the Mortgagor and relating to the stock allocated to the related dwelling unit.

  • Site Lease means the lease of part of the Site from the Minister for Finance on behalf of the State to the Company;' ;

  • Real Estate Leases is defined in Section 4.7.

  • Tenant Leases means leases, subleases, licenses or other use agreements between Seller and tenants with respect to Real Property, if any.

  • Eligible Ground Lease means a ground lease that (a) has a minimum remaining term of twenty-five (25) years, including tenant controlled options, as of any date of determination, (b) has customary notice rights, default cure rights, bankruptcy new lease rights and other customary provisions for the benefit of a leasehold mortgagee or has equivalent protection for a leasehold permanent mortgagee by a subordination to such leasehold permanent mortgagee of the landlord’s fee interest, and (c) is otherwise acceptable for non-recourse leasehold mortgage financing under customary prudent lending requirements. The Eligible Ground Leases as of the date of this Credit Agreement are listed on Schedule EG.

  • Qualified Ground Lease means each of the ground leases or ground subleases set forth on Schedule 1.01(d) hereto and for a Future Property means any ground lease (a) which is a direct ground lease or ground sublease granted by the fee owner of real property or a master ground lessee from such fee owner, (b) which may be transferred and/or assigned without the consent of the lessor (or as to which the lease expressly provides that (i) such lease may be transferred and/or assigned with the consent of the lessor and (ii) such consent shall not be unreasonably withheld or delayed) or subject to certain reasonable pre‑defined requirements, (c) which has a remaining term (including any renewal terms exercisable at the sole option of the lessee) of at least twenty (20) years, (d) under which no material default has occurred and is continuing, (e) with respect to which a Lien may be granted without the consent of the lessor (but subject to customary requirements regarding the nature of the holder of such Lien and prior notice to the lessor), (f) which contains customary and reasonable lender protection provisions, including, without limitation, provisions to the effect that (i) the lessor shall notify any holder of a Lien in such lease of the occurrence of any default by the lessee under such lease and shall afford such holder the option to cure such default, and (ii) in the event that such lease is terminated, such holder shall have the option to enter into a new lease having terms substantially identical to those contained in the terminated lease and (g) which otherwise contains no non-customary terms that are material and adverse to the lessee.

  • Operating Lease means, as applied to any Person, any lease of any property (whether real, personal or mixed) by that Person as lessee which is not a Capital Lease.

  • Leasehold condominium means a condominium in which all or a portion of the real estate is subject to a lease the expiration or termination of which will terminate the condominium or reduce its size.

  • Master Leases means the PropCo Master Leases and each other Material Master Lease.

  • Residential rental property means property that is used solely as leased or rented property for residential purposes. If the property is a space rental mobile home park, residential rental property includes the rental space that is leased or rented by the owner of that rental space but does not include the mobile home or recreational vehicle that serves as the actual dwelling if the dwelling is owned and occupied by the tenant of the rental space and not by the owner of the rental space.

  • Material Leasehold Property means a Leasehold Property which (a) is a retail or super store or distribution center or (b) has been reasonably determined by the Administrative Agent to be of material value as Collateral or of material importance to the operations of the Credit Parties after weighing the value of such property as additional Collateral against the costs and expenses associated with satisfying the requirements of Section 6.13.

  • Property Lease means any Depot Lease, any lease in respect of a Managed Station Area, any lease in respect of Shared Facilities or any Station Lease and any agreement or lease of a similar or equivalent nature (whether in respect of any such facility or otherwise) which the Franchisee may enter into with a person who has an interest in a network or a railway facility which is to be used for or in connection with the provision or operation of the Franchise Services;

  • Parking space leasing data means the following government data on an application for, or lease of, a parking space: residence address, home telephone number, beginning and ending work hours, place of employment, location of parking space, and work telephone number.

  • Real Property Documents means any material contract or agreement constituting or creating an estate or interest in any portion of the Site, including, without limitation, the Lease Agreements and the Subleases.

  • Rental Property means a hotel room, vacation home, or other rental property You booked for Your stay during Your Trip.

  • Condominium Property means the lands, leaseholds, and personal property that are subjected to condominium ownership, whether or not contiguous, and all improvements thereon and all easements and rights appurtenant thereto intended for use in connection with the condominium.

  • Company Leased Real Property has the meaning set forth in Section 3.14(b).

  • Material Leased Real Property shall have the meaning assigned to such term in Section 5.10(b).

  • Operating Leases means all real or personal property leases under which any Company is bound or obligated as a lessee or sublessee and which, under GAAP, are not required to be capitalized on a balance sheet of such Company; provided that Operating Leases shall not include any such lease under which any Company is also bound as the lessor or sublessor.

  • Recorded Leasehold Interest means a Leasehold Property with respect to which a Record Document has been recorded in all places necessary or desirable, in Collateral Agent’s reasonable judgment, to give constructive notice of such Leasehold Property to third-party purchasers and encumbrancers of the affected real property.